Sponsor: HAPHousing
Loan Approved: June 10, 2013
MHP committed $535,000 in first mortgage financing to help HAPHousing preserve 42 affordable rental units in Amherst.
TYPE: New construction.
WHERE: 85 Olympia Drive, Amherst.
WHAT: The new construction of 42 residential rental units.
AFFORDABILITY: All units affordable at 60 percent AMI.
MHP FINANCING: A permanent first mortgage of $535,000.
RENTAL INFORMATION: HAP, Inc., 800-332-9667